Home Industry 3D printing company Sun Metalon secures millions in funding

3D printing company Sun Metalon secures millions in funding

Japanese startup Sun Metalon, which is working on high-speed metal 3D printing technology, announced that it has received an additional $2 million as part of its Pre-Series A expansion.

This brings the total investment in Sun Metalon to $9.7 million.

In addition, former EOS CEO, Dr. Adrian Keppler, has been appointed as an independent director and former 3D Systems vice president, Mark Cook, has been appointed as vice president of product and business development for global expansion.

Dr. Adrian Keppler comments: “SUN METALON has a fascinating technology allowing to speed up the 3D Printing process of Metals significantly. This is what customers are looking for, especially in less demanding industries than aviation and medical. Besides that, SUN METALON has a highly ambitious leadership team gathering a group of very talented people both in Japan as well as the US. I’m honored and thrilled to join the team on its interesting journey becoming the dominant player in ‘affordable’ Metal 3D Printing!”

Mr. Mark Cook says: “As head of the metal LPBF product portfolio at 3D Systems, I understood the difficult challenge of penetrating broader manufacturing markets due to the inherent high cost per part because of the slow speed and lack of scalability of that technology. That knowledge allowed me to immediately recognize that SUN METALON’s unique technology would provide a more revolutionary rather than evolutionary breakthrough in speed and overall cost per part. In addition to speed and cost improvements, the technology allows manufacturers to implement a true circular business model having a significant impact on their carbon footprint.”

Find out more about Sun Metalon at sunmetalon.com.

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